Can I retire at age 40 with 2,690,000?

Use the below retirement simulation to view the chances of a successful retirement.
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $2,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$222,138$220,159$218,229$216,344$214,504$207,223
2 years$109,969$107,921$105,936$104,012$102,145$94,883
3 years$72,585$70,528$68,548$66,641$64,805$57,789
4 years$53,896$51,845$49,885$48,011$46,219$39,504
5 years$42,686$40,647$38,713$36,877$35,135$28,738
6 years$35,215$33,192$31,286$29,491$27,801$21,727
7 years$29,880$27,874$25,999$24,246$22,610$16,858
8 years$25,881$23,893$22,049$20,340$18,757$13,322
9 years$22,773$20,803$18,991$17,325$15,796$10,673
10 years$20,287$18,337$16,557$14,934$13,459$8,638
11 years$18,255$16,325$14,576$12,997$11,575$7,048
12 years$16,562$14,652$12,936$11,400$10,031$5,786
13 years$15,132$13,241$11,557$10,065$8,747$4,774
14 years$13,906$12,036$10,384$8,934$7,668$3,955
15 years$12,845$10,995$9,376$7,968$6,751$3,288
16 years$11,918$10,088$8,500$7,134$5,967$2,740
17 years$11,100$9,290$7,735$6,410$5,291$2,289
18 years$10,374$8,585$7,061$5,777$4,704$1,915
19 years$9,726$7,956$6,464$5,220$4,193$1,605
20 years$9,142$7,393$5,932$4,728$3,745$1,347
21 years$8,616$6,887$5,457$4,291$3,352$1,131
22 years$8,137$6,428$5,029$3,901$3,004$951
23 years$7,701$6,012$4,644$3,553$2,697$800
24 years$7,302$5,633$4,295$3,240$2,424$674
25 years$6,935$5,286$3,978$2,959$2,181$567
26 years$6,597$4,968$3,689$2,706$1,965$478
27 years$6,285$4,676$3,426$2,477$1,771$403
28 years$5,995$4,406$3,185$2,269$1,598$340
29 years$5,726$4,157$2,963$2,081$1,443$287
30 years$5,476$3,925$2,760$1,910$1,304$242
31 years$5,242$3,711$2,573$1,754$1,179$204
32 years$5,023$3,511$2,401$1,612$1,066$172
33 years$4,817$3,325$2,242$1,482$965$145
34 years$4,625$3,152$2,095$1,364$874$123
35 years$4,443$2,989$1,958$1,256$791$104
36 years$4,272$2,837$1,832$1,156$717$87
37 years$4,111$2,695$1,715$1,065$650$74
38 years$3,959$2,561$1,606$982$589$62
39 years$3,814$2,435$1,504$905$534$53
40 years$3,678$2,317$1,410$835$485$44
41 years$3,548$2,205$1,322$771$440$38
42 years$3,425$2,100$1,240$711$399$32
43 years$3,308$2,001$1,164$656$362$27
44 years$3,196$1,908$1,092$606$329$23
45 years$3,090$1,819$1,026$560$298$19
46 years$2,989$1,735$963$517$271$16
47 years$2,892$1,656$905$478$246$14
48 years$2,799$1,581$851$441$223$11
49 years$2,711$1,510$799$408$203$10
50 years$2,626$1,442$752$377$184$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,690,000, adding $2,286 every year, while hoping to spend $54,817 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 51/30/19 Blend
39$2,690,000$2,690,000$2,690,000$2,690,000
40$2,966,738$2,824,168$2,782,473$3,102,340
41$3,211,020$2,904,227$2,817,361$3,276,112
42$3,478,382$2,986,372$2,851,580$3,459,079
43$3,771,120$3,070,647$2,885,051$3,656,836
44$4,091,762$3,157,097$2,917,688$3,870,801
45$4,443,094$3,245,767$2,949,403$4,102,535
46$4,828,181$3,336,701$2,980,099$4,353,759
47$5,250,402$3,429,946$3,009,679$4,626,365
48$5,713,476$3,525,546$3,038,037$4,922,438
49$6,221,501$3,623,549$3,065,061$5,244,273
50$6,778,991$3,723,998$3,090,637$5,594,399
51$7,390,915$3,826,942$3,114,641$5,975,600
52$8,062,750$3,932,424$3,136,943$6,390,942
53$8,800,528$4,040,490$3,157,408$6,843,804
54$9,610,895$4,151,186$3,175,894$7,337,907
55$10,501,168$4,264,557$3,192,249$7,877,349
56$11,479,414$4,380,647$3,206,315$8,466,646
57$12,554,515$4,499,499$3,217,928$9,110,771
58$13,736,259$4,621,158$3,226,912$9,815,205
59$15,035,428$4,745,665$3,233,084$10,585,986
60$16,463,901$4,873,063$3,236,252$11,429,765
61$18,034,767$5,003,391$3,236,214$12,353,872
62$19,762,445$5,136,688$3,232,759$13,366,381
63$21,662,822$5,272,994$3,225,664$14,476,191
64$23,753,402$5,412,343$3,214,696$15,693,105
65$26,053,473$5,554,772$3,199,612$17,027,924
66$28,584,283$5,700,311$3,180,155$18,492,554
67$31,369,247$5,848,993$3,156,057$20,100,109
68$34,434,162$6,000,846$3,127,037$21,865,042
69$37,807,453$6,155,894$3,092,800$23,803,281
70$41,520,442$6,314,162$3,053,038$25,932,374
71$45,607,640$6,475,669$3,007,427$28,271,661
72$50,107,074$6,640,431$2,955,630$30,842,453
73$55,060,645$6,808,461$2,897,293$33,668,233
74$60,514,523$6,979,768$2,832,045$36,774,882
75$66,519,584$7,154,357$2,759,498$40,190,918
76$73,131,888$7,332,227$2,679,248$43,947,767
77$80,413,207$7,513,372$2,590,869$48,080,064
78$88,431,609$7,697,782$2,493,918$52,625,972
79$97,262,100$7,885,441$2,387,931$57,627,552
80$106,987,331$8,076,324$2,272,424$63,131,152
81$117,698,378$8,270,403$2,146,888$69,187,850
82$129,495,598$8,467,639$2,010,795$75,853,935
83$142,489,583$8,667,987$1,863,591$83,191,436
84$156,802,195$8,871,393$1,704,696$91,268,715
85$172,567,723$9,077,794$1,533,506$100,161,105
86$189,934,142$9,287,118$1,349,391$109,951,626
87$209,064,518$9,499,281$1,151,689$120,731,768
88$230,138,542$9,714,188$939,713$132,602,357
89$253,354,223$9,931,733$712,743$145,674,503
90$278,929,762$10,151,796$470,029$160,070,656
91$307,105,609$10,374,245$210,786$175,925,758
92$338,146,730$10,598,932$0$193,388,518
93$372,345,110$10,825,693$0$212,636,174
94$410,022,508$11,054,350$0$233,882,448
95$451,533,495$11,284,704$0$257,283,773
96$497,268,796$11,516,538$0$283,059,676
97$547,658,982$11,749,618$0$311,452,072
98$603,178,534$11,983,685$0$342,727,545
99$664,350,317$12,218,458$0$377,179,867
100$731,750,521$12,453,634$0$415,132,771